Bilal Hammoud, Chief Executive Officer and Founder of Ndax, stated that:
“Becoming a CIRO member and an Investment Dealer and Alternative Trading System is pivotal for Ndax and the Canadian digital asset sector. With Ndax leading the Canadian market in trading volume—surpassing $1 billion in monthly trades recently—this achievement underscores our dedication to building a platform Canadians can trust. This milestone reinforces our mission to provide Canadians with secure, compliant, and effective tools for investing in the digital economy. We are committed to driving innovation and strengthening Canada’s role in the global digital asset landscape.”
Ndax is committed to providing a digital asset platform that provides numerous client benefits including:
- Fiat Asset Segregation: Fiat assets are securely held in a segregated trust account with an Alberta financial institution;
- Crypto Asset Custody: Client crypto assets are subject to safekeeping requirements and our custodial partners are licensed, independently regulated, and insured.
- Strong Financial Controls: Rigorous financial oversight, including monthly reporting, insurance coverage and adequate capital reserves, ensures platform stability.
- Transparent Pricing: Ndax delivers transparent, competitive and fair pricing.
- Enhanced Oversight: Business conduct, governance, employee proficiency and trading activities are subject to comprehensive compliance reviews and routine audits.
- Insolvency Protection: Client fiat funds are protected under the Canadian Investor Protection Fund (CIPF) regime, offering peace of mind. At this time, crypto assets are not covered by CIPF.
About Ndax
Ndax is a Calgary-based cryptocurrency and digital-asset trading platform which provides a secure, user-friendly, and regulated environment for buying, selling, and staking digital assets. Since 2018, Ndax has delivered cutting-edge solutions for Canadians backed by robust security protocols, advanced technology, and a steadfast commitment to regulatory compliance
Media Contact
Arash Jafariolia, Ndax Canada, 1 905.510.5045, [email protected], https://ndax.io
SOURCE Ndax Canada
